Broadband Stimulus Grant Requests Flood In

31 August 2009 - 9:00am

The application period has opened for federal stimulus grants to fund broadband Internet access projects in underserved areas. The response has been overwhelming.

The government received more than 2,200 applications, totaling more than $28 billion.

"The avalanche of applications has eased concerns that there might not be much interest in the program, which is aimed at driving deployment of high-speed Internet access in underserved areas.

But the government has only $4 billion to dole out right now and just two weeks to decide which projects should be considered. The program, ordered by Congress, will eventually hand out $7.2 billion."

Source: USA Today, August 28, 2009
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Public transit has suffered from an economic mis-focus, and ironically enough, it has only worsened perennial problems like chronic underfunding and running incomplete systems that can't compete with the private automobile.